New Delhi, Feb. 21 -- BSE Sensex closed higher on Tuesday, while IT stocks extended gains following a share buyback plan by Tata Consultancy Services Ltd. Sentiment was broadly cautious with Asian shares largely flat after a holiday in the US markets on Monday. "Overall, the market has moved very marginally in the last few sessions and what it looks like now is a time-based correction with more stock-based moves," said Saurabh Jain, assistant vice-president of research at SMC Global Securities. "Focus will now rest on global cues such as US interest rates, dollar movement and foreign investment participation."
India on Monday extended anti-dumping duty on some steel products from China by five years, in a bid to retain protectionist barriers and stem the tide of cheap foreign products.
3.30pm: BSE Sensex closed higher by 100 points, or 0.35%, to 28,762, while the Nifty 50 rose 29 points, or 0.32%, to 8,908.
2.57pm: BSE Sensex trades higher by 59 points, or 0.21%, to 28,721, while the Nifty 50 rises 18 points, or 0.20%, to 8,897.
2.40pm: BSE Sensex trades higher by 32 points, or 0.11%, to 28,694, while the Nifty 50 rises 10 points, or 0.11%, to 8,889. .Raymond Ltd shares rise 13.75% to trade at Rs572.05.
1.31pm: BSE Sensex trades lower by 37 points, or 0.13%, to 28,625, while the Nifty 50 falls 14 points, or 0.16%, to 8,865.Raymond Ltd shares rise 10% to trade at Rs555.
12.30pm: BSE Sensex trades lower by 41 points, or 0.14%, to 28,620, while the Nifty 50 falls 13 points, or 0.15%, to 8,866.
11.15am: BSE Sensex trades lower by 32 points, or 0.11%, to 28,630, while the Nifty 50 falls 7 points, or 0.07%, to 8,873.
11.10am: Telecom stocks fell ahead of Reliance Jio press conference at 1.3pm. Bharti Airtel Ltd fell 2.8%, Idea Cellular Ltd fell 1%.
10.27am: BSE Sensex trades lower by 42 points, or 0.15%, to 28,620, while the Nifty 50 falls 3 points, or 0.04%, to 8,876.
10.15am: Aviation stocks trading higher. Jet Airways India Ltd rose 4.5%, InterGlobe Aviation Ltd rose 3%, SpiceJet Ltd 5.5%.
9.51am: The Max Financial Services Ltd shares trade down at Rs569.40 on the BSE, down 4% from the previous close.
9.35am: BSE Sensex trades higher by 41 points, or 0.14%, to 28,702, while the Nifty 50 rises 11 points, or 0.12%, to 8,890.
9.20am: Max Financial shares fall 5% to Rs566.70 after huge block deal. Around 15.10 million shares or 5.6% stake of the company changed hands in three block deals. However details of the buyers and sellers were not known, according to Bloomberg.
9.15am: Ambuja Cement Ltd shares fall 1% to Rs236.90. The company on Monday reported 85% increase in its December quarter consolidated net profit to Rs205.70 crore against Rs111.04 crore a year ago.
9.10am: IDBI Bank Ltd shares rise 0.7% to Rs 82.95 ahead of its board meeting due later today. India facing too many complications in IDBI stake sale; working out new strategy for stake sale, official says to Bloomberg.
9.05am: Reliance Industries Ltd shares rise 0.5% to Rs 1079 ahead of its press conference at 1.30pm where its chairman and managing director Mukesh Ambani will speak.
9.00am: Marksans Pharma Ltd shares rise 5.6% to Rs 51.45. The company said in a notice to BSE that UK drugs regulator has completed the inspection at its Goa plant without any critical observations.
With inputs from Reuters